Bitcoin attempted to rebound past $90,000 as markets awaited US macro cues. However, $90,000 proved too much for Bitcoin bulls, with data showing BTC/USD hitting $90,500 before dipping to $88,800. US markets opened flat ahead of the Federal Reserve interest-rate decision. Gold surged to record highs above $5,300 per ounce while the US dollar weakened. Geopolitical tensions added to safe-haven gains. Bitcoin and altcoins failed to capitalize on macro uncertainty, with traders anticipating a breakout from Bitcoin’s narrow trading range. Trader and analyst Rekt Capital warned of diminishing volatility and potential breakdown. Earlier, a bearish trendline crossover on BTC/USD weekly chart sparked concerns.

Read more at Cointelegraph: Bitcoin Rethinks a $90,000 Breakout Despite a US Dollar Nosedive